Browsing Tag

Property Trends

6 posts
Bengaluru

Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.
Unsold stock of homes

Lead-to-Buy Conversion Time for Indian Housing Drops to 26 Days in H1 FY25, Reflecting Strong Demand

The latest ANAROCK data reveals a significant drop in the lead-to-buy conversion time for Indian homes, now standing at just 26 days in H1 FY25, down from 33 days in FY21. Ultra-luxury homes, priced above INR 3 Cr, are seeing the quickest decisions, while mid-range homes continue to see slightly longer conversion times due to rising property prices. The trend reflects both strong demand and growing buyer confidence in reputable developers.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai Sees Record Property Registration Revenue During Diwali Boom

In a remarkable display of market resilience, Mumbai’s property registrations hit a record high during the Diwali season, with October 2024 witnessing a revenue collection of ₹1,081 crore. This 52% increase over last year highlights a growing trend towards higher-ticket home sales, as the city embraces a festive boom in real estate activity.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai MMR Residential Market Sees Growth: Sales and Transaction Values Surge in September Quarter

Residential transactions in Mumbai’s Metropolitan Region surged by 7% in the September quarter, with sales value increasing by 10%. Godrej Properties topped the sales charts, while peripheral suburbs saw high demand for affordable homes.
Revolutionizing Mumbai’s Real Estate: The Impact of Infrastructure Development on the MMR Landscape

Mumbai Property Registrations Rise 8% YoY in August 2024; Stamp Duty Collections Up 32%

**Mumbai Property Registrations Rise 8% YoY in August 2024** In August 2024, Mumbai’s property registrations increased by 8% year-on-year, totaling 11,735, up from 10,902 in August 2023. Despite a seasonal drop due to the monsoon, which reduced registrations by 5% from July’s 12,373, the market showed resilience. Stamp duty collections surged by 32% to ₹1,072 crore, reflecting strong buyer confidence and a high volume of transactions. Residential properties made up around 80% of the total registrations, indicating robust demand and market stability.